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VALOR. Valorisation of knowledge-intensive ideas. Short facts. Valor aims at bringing research-based inventions to the market Valor is financed by the Interreg South Baltic Programme of the European Union 4 project partners and two associated partners. Total budget: 1.18 million euros
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VALOR Valorisation of knowledge-intensive ideas
Short facts • Valor aims at bringing research-based inventions to the market • Valor is financed by the Interreg South Baltic Programme of the European Union • 4 project partners and two associated partners. • Total budget: 1.18 million euros • Project duration: 28 months
Background • Innovation and technological development are important competitive advantages in an increasingly globalised setting. • The contribution of public research organisations (including universities) to innovation and the welfare is a key concern. • Most regions and states lack well-functioning technology transfer organisationscapable of supporting academic-based innovations and their transition to the markets.
Objective • The overall objective of the VALOR project is to unleash the innovation potential of public research organisations in the South Baltic region (SB). The specific objectives are the following: • Jointly developed and implementedmodels • Higher professionalism • Development of 4-6 inventions
Transnational cooperation • Create a critical mass of innovationsbig enough to attract investors and companies. • Enlargement of the partners’ capacities through opening up networks and pooling resources. • Efficient and effectivepooling and sharing of knowledge between partners. • The gathering into one trans-national cooperation project will put a high degree of attention to the topic.
Partnership Project Partner Malmö University, MAH Associated Partner Klaipeda Science andTechnology Park, KSTP Kaliningrad Innovative-Technological Centre (KITC) Klaipeda University The Medical University of Gdańsk Patent & Valorisation Agency – Mecklenburg-Vorpommern AG (PVA-MV)
Target groups • Technology Transfer Institutions (TTIs).TTIs support academic based innovation and manage science-industry co-operation. • Research institutions and researchers; these are the source of innovations and need support in valorising their research. • Policy-/decision makers. A favourable policy framework is key to successful technology transfer. • Also SMEs/industryresult or the user of the valorization processes
Bottlenecks for Cooperation in Eastern partnership area • Foster joint research Will create joint ownership of intellectual property Will foster processes of specialization and expert competences Integrate research infrastructure will decrease the research costs
Find the legal solutions for TT processes Intellectual property ownership models (Researcher; University; TT office; Investor) Legal solution for migration of the researchers and the research projects
Finding ways for communication Developing/Choosing the standard for collecting and sharing information Integrating communication systems creating new tools for transferring information